Mar 12 - Disappointed Penney investors will want to hear some confident sales projections when CFO Ken Hannah speaks at a retail conference
JC Penney gets another chance to convince disappointed investor has a future when it CFO caddie and asked -- at a retail conference. It's hard month for penny the company's shares have tumbled over 20%. After reporting horrible sales figures and those sales plunged over 30% last quarter prompting three brokerages to cut their price target on the stock. That Casey he is putting its Martha Stewart put on hold Molly tries to work out a deal with me teens. Investors want to hear from the CFO whether some of the positive signs and bring back the deals with sales. The -- sells for Joseph fresh which is appearing in stores on Friday one of landmark. Shops shops in the launch and if those are working that's that's what will ease the pressure -- -- this year. They had digit is -- to tie them up per cent and that's how much core retail sales could rise in February according to -- diet -- Have a number given that last your average game was -- -- -- -- -- Be wary of sales dropped by only 110 of a percent and that would mean higher taxes are hitting consumers martyr and expect. Also gains the confidence of corporate America I went to business roundtable releases it survey CEO with. Last quarter in the index hit a three year low on this moment concerned. Attention to -- bosses say about hiring yeah last Friday's robust jobs numbers. And it's every CEOs were split evenly on whether they were planning to add to their workforce and the next. For the first time in forty years senate Democrats are releasing a budget plan and aims to slice the deficit by about one point nine trillion dollars over a decade. -- evil makes up. Hot and increases in house Republicans say air version will -- but despite only attacking spending power DT teams as budget talks could result in compromise. Honesty -- in the next couple months. What's on Twitter at Reuters Insider and get warmer green video that Reuters dot com slots for Reuters TV. We interview business gurus -- crotch act on who could get hot out and a potential bond bubble. And I'm hugging this is for us.